current boom?, page-8

lol - what I mean is the total val of the company. the current price implies a total value of $A60m - which means to see some real upside they would have to convince someone to buy for >$A100m as there would be significant further dilution ahead of a sale (performance shares, other shares from options, etc), plus some payoff for the risk. It just doesn't seem to me that anyone would pay that much for a company this small.... whose engineering salary cost is like $A1.5m a year who didn't have a saleable gun until this year (the old one didn't stand a chance). While the current gun is good they are light-years behind competitors like Sky Safe and marginally ahead of other laughable competition like D13....